Subject:
Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University in Boston, Massachusetts. The school offers a full-time MBA program, doctoral programs, and many executive education programs. The School owns Harvard Business School Publishing, which publishes business books, online management tools for corporate learning, case studies, and the monthly Harvard Business Review. It is ranked #1 among American business schools by the U.S. News & World Report, 3rd in the Financial Times Global MBA Rankings 2009, and is consistently ranked in the top 10 of other national and global business school rankings. (Wikipedia Jan 2010)
Caritas en Veritate
By John Schroy, on July 12th, 2009 |

Pope Benedict XVI, in the encyclical ‘Caritas en Veritate’, writes in favor of ethical capitalism. This is a position very similar to that of Adam Smith who stressed the importance of morality in business.
The contrary position is taken by the Harvard Business School that teaches that there are ‘no right, no wrong answers’ through its famous case method.
Post Modern Security Analysis
By John Schroy, on April 20th, 2009 |

Fundamental investment analysis provides competitive advantage to those investors who understand that the Efficient Market Hypothesis, the basis for Modern Portfolio Theory, has now been shown to be false.
Moreover, the methods of Graham & Dodd, dating from the 1930s, are inadequate to meet the challenge of millions of terabytes of unfiltered facts, freely available on the Internet.
This article discusses the application of OSINT techniques, developed by national intelligence services, to the needs of investment analysis.
Buybacks rule
By John Schroy, on June 10th, 2007 |

According to Federal Reserve flow of funds accounts, a large portion of today’s stock buybacks are financed by borrowing heavily and dipping into depreciation reserves. Even the slowest of minds should be able to grasp the fact that borrowing to finance buybacks results in interest costs that will reduce, not improve future profits.
Corporate executives have thrown caution to the wind, touting buybacks as ‘good for investors’ without regard for the truth or laws against securities fraud.
Popular Articles